I find it hard to understand how a company could progress so far with an important acquisition and then announce at the eleventh hour that there was a dispute over ownership rights to the acquistion. You would think that that clear and free ownership of the assets would have been one of the first things confirmed by Starvale.
Either Starvale are incompetent or this Engelbrecht fellow was hiding information, which makes you wonder about the integrity of the fellow. Probably a bit of both.
Either way the company's management have been made to look like mud whether they deserve it or not.
GSF Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held